In the Organization, the value creation is the process by which the self interest and ambition of the individuals can be managed in such a way that increases the value added outcome. Values Contribute to the shared meaning in the organization. Contribute to the Vitality and the performance of the organization. There are two steps involved in Value creation. The first one is to create values that are aligning to the values of employees and the second one is to find out how the employees perceive to the values of the organization.
There are three stages in which a value is created among the organization. They are Input stage, conversion stage and the output stage. Each stage is affected by the set of forces and conditions that operate beyond the organization's boundaries which is also called as environment.The inputs for the organizations might be
* Raw Materials
* Money and Capital
* Human Resource
* Information and Knowledge
* Customers of service Organization
In the conversion process, the values are added to the inputs. They might be
* Machinery
* Computers
* Human Skills and Ability
The Organization releases the output to the environment in the form of
* Finished goods
* Services
* Dividends
* Salaries
* Value for stakeholders
Sales of Outputs allows organizations to obtain new Supplies of Inputs and the Environment that helps in deciding these inputs,conversion process and outputs are as follows:
*Customers
* Shareholders
* Suppliers
* Distributors
* Government
* Contributors.
There are three stages in which a value is created among the organization. They are Input stage, conversion stage and the output stage. Each stage is affected by the set of forces and conditions that operate beyond the organization's boundaries which is also called as environment.The inputs for the organizations might be
* Raw Materials
* Money and Capital
* Human Resource
* Information and Knowledge
* Customers of service Organization
In the conversion process, the values are added to the inputs. They might be
* Machinery
* Computers
* Human Skills and Ability
The Organization releases the output to the environment in the form of
* Finished goods
* Services
* Dividends
* Salaries
* Value for stakeholders
Sales of Outputs allows organizations to obtain new Supplies of Inputs and the Environment that helps in deciding these inputs,conversion process and outputs are as follows:
*Customers
* Shareholders
* Suppliers
* Distributors
* Government
* Contributors.
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